Homeowners Insurance

NC Homeowners Insurance

Your home is so much more than the place you hang your hat. It’s the place you and your family feel safe from the worries of the world. Wagoner Insurance understands the way you feel about your home and we want to protect that feeling. While we can’t prevent bad things from happening, we can help you get your home back to normal in the aftermath of disasters that come your way by offering you the very best in Onslow County homeowners insurance.

Insurance for Homeowners? Is it really necessary?

If you have a mortgage on your home in North Carolina, homeowners insurance is generally required as part of the mortgage contract. However, even if you’re not required to purchase homeowners insurance, it’s still a wise investment to make if you own a home.


A good insurance policy provides protection for your home on multiple fronts. These are just a few of the ways your homeowner’s policy should protect your home.

  • Repairs damage to the home itself
  • Costs of replacing your possessions (up to coverage limit)
  • Living expenses if your home is uninhabitable as a result of a covered disaster
  • Liability coverage in the event someone is injured on your property

In addition to standard insurance coverage, though you have the option of purchasing additional insurance policies for homeowners, such as the following:

  • Valuable items coverage (for high value possessions like antiques, furs, jewelry, carpets, artwork, or electronics that go above standard coverage limits)
  • Flood insurance
  • Umbrella liability coverage
  • Animal liability insurance

What Types of Damage Does Homeowner's Insurance Cover?

The specific events or disasters your home insurance policy covers will vary from one policy to the next. Just as no two families are identical, the insurance needs of each household is unique. This means that your home insurance needs are likely to be somewhat different than those of your neighbors.

However, many policies have a fairly standard set of events that are covered as a rule of thumb. You can purchase additional coverage, such as the types of coverage mentioned above, in order to fill in any coverage gaps you may be concerned about. Most policies, though, will cover damage to your home or possessions from the following events:

  • Fire
  • Lightning
  • Theft
  • Wind
  • Rain
  • Hail
  • Frozen plumbing

The important thing to explore for many homeowners is what standard insurance policies do not cover. Homeowner’s insurance is limited in coverage to the specific policies purchased. For instance, flood insurance is not included in the standard homeowner’s insurance policy. You must purchase flood insurance as a separate policy from the National Flood Insurance Program. There are other things your home insurance policy will not cover including:

  • Intentional bodily injury or property damage
  • Business interests
  • Professional liability
  • Automobiles, aircraft, watercraft, etc.